third-quarter earnings News

Nike's Market Cap Dips Below $100 Billion Amid 9% Stock Decline

Nike Inc. experiences a significant market cap drop below $100 billion as its stock falls 9% following mixed third-quarter earnings and a pessimistic sales outlook.

Nike's Market Cap Dips Below $100 Billion Amid 9% Stock Decline

Nike Inc. faces a significant market challenge as its stock falls 9%, causing its market value to drop below $100 billion. Despite beating third-quarter earnings expectations, the ...